Discuss the Cultural Differences in Language, Interpersonal Space, Time Orientation

question 141

Essay

Discuss the cultural differences in language, interpersonal space, time orientation, and religion.Why are these factors important to successful international business?

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Definitions:

Property Values

The worth of real estate as determined by market conditions and the property's condition, location, and other factors.

Renovates

The process of improving or updating a building, room, or structure to make it more attractive or functional.

Marginal Social Benefit

The additional gain to society as a whole from producing or consuming one more unit of a good or service.

Marginal Social Cost

The additional cost imposed on society as a whole by producing one more unit of a good or service, including both private costs and externalities.